In the law of corporations, a merger is effected when one or more corporations becomes a part of, or merges, with another corporation so that one ceases to exist and the other continues to exist. In a merger, the company that continues to exist retains its name and identity and acquires the assets, liabilities, franchises, and powers of the corporation that ceases to exist. Attorneys who practice in mergers and acquisitions (sometimes called M & A) represent corporations and other business entities in strategizing, negotiating, and carrying out transactions in which two or more companies or corporations combine into a single new entity, a merger, or where one business purchases and absorbs the assets of another, an acquisition.
Clarita is a small unincorporated community in Coal County, Oklahoma, United States. The post office was established January 19, 1910. Clarita's school district, Olney Public School District, is one of the smallest public school districts in the state of Oklahoma. For the most recent data available, for a combined district, K-12, Olney finished between, Boley (51) and Sweetwater (60), with 58 students. Olney School is now closed although the reunion is still held at the lunch room